MBB SE — Earnings Release 2008

Mar 31, 2009

News Details

Ad-hoc | 31 March 2009 08:32

MBB Industries AG: Turnover for 2008 increases by 75% to EUR199m, Earnings per share at EUR1.22

MBB Industries AG / Preliminary Results/Final Results

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Berlin, March 31, 2009 - MBB Industries AG (ISIN DE000A0ETBQ4), a holding
company specialising in medium-sized industrial companies with sustained
value growth potential, continued on its profitable growth course in 2008.

According to provisional, unaudited figures, MBB's consolidated group
revenue increased last year by 75.4 percent to EUR199.3m, compared with
EUR113.6m in 2007. Profit for the year was EUR8.0m, following on from
EUR13.7m in 2007. The overall result for the year 2007 contained one-off
earnings accruing from initial consolidations of holdings, while earnings
for 2008 were virtually unaffected by once-only effects. Earnings per
share for 2008 were EUR1.22, compared with EUR2.07 in 2007.

The majority shareholding Delignit AG suffered a drop in both turnover and
operating profit in 2008 owing to its position as a supplier of utility
vehicles. On the other hand, developments for the plant constructor,
Reimelt Henschel, and the manufacturer of tissue products, Hanke, were
quite positive.

In spite of the acquisitions and the strong expansion in turnover, MBB
Industries was able to maintain its net debt at EUR1.0m, which is virtually
the same level as in the previous year (net cash of EUR0.8m). Equity
capital rose to EUR54.3m with liquid cash of EUR25.1m; the capital ratio
was 38.8 percent.

For the current year, the managing board forecasts the turnover of its
existing holdings to remain on a level comparable with 2008. However they
expect a lower result level than in the previous year, since a number of
the group's companies are affected by the financial and economic crisis.
Moreover, owing to the current market conditions, the board views its
available equity and cash resources as well suited for spurring on growth
by acquiring new holdings companies.

About MBB Industries AG:

Since 1995, MBB Industries AG has maintained successful holdings in the
form of medium-sized industrial companies with sustainable value growth
potential. The business model is based on a three-pillar structure,
comprising the acquisition of interests at favourable terms, subjecting
them to value enhancing holding management, and releasing them in
high-yield sales. Right from the start, MBB Industries AG has achieved
above-average profitability, and continues to devote its efforts to
attaining unusually high yields in the future.

For further information about MBB Industries please visit
http://www.mbbindustries.com

Contact:
edicto GmbH
Dr. Sönke Knop
Zeisselstrasse 19
60318 Frankfurt
Tel. 069-90550551
E-mail: mbb@edicto.de
31.03.2009 Financial News transmitted by DGAP

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Language: English
Issuer: MBB Industries AG
Joachimstaler Strasse 34
10719 Berlin
Deutschland
Phone: +49 (0) 30 844 15 330
Fax: +49 (0) 30 844 15 333
E-mail: christof.nesemeier@mbbindustries.com
Internet: www.mbbindustries.com
ISIN: DE000A0ETBQ4
WKN: A0ETBQ
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Düsseldorf

End of News DGAP News-Service

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